Wednesday, January 30, 2008
Motorola Set to Pull the Plug?
Posted by Darius Wey in "NEWS" @ 02:45 AM
"After struggling for years to regain the success it had with the RAZR, Motorola may soon quit the cellphone industry altogether, according to research by a Nomura investment analyst. Richard Windsor of the London-based firm explains that an investigation suggests Motorola would drop the segment entirely and instead focus on its enterprise and government sectors. Talks of a Chinese takeover, however, are an "old chestnut" that isn't likely to come true unless a buying firm knows how to mend Motorola's business, the analyst says. Instead, the American company is most likely to become profitable only after enduring a "very difficult" 2008. Motorola is already said to be suffering, and in the fourth calendar quarter of 2007 reported a 38 percent drop in its mobile device sales compared to the same period a year ago -- a stark contrast to an industry widely agreed to be growing over time."
Ah, there's nothing like a rumour to fuel your working day. Personally, I don't buy it, and unless it's coming straight from Motorola's mouth, it's not happening. Your thoughts on this one?
Ah, there's nothing like a rumour to fuel your working day. Personally, I don't buy it, and unless it's coming straight from Motorola's mouth, it's not happening. Your thoughts on this one?
